Royal Gold, Inc. (RGLD) Earnings Call Transcript & Summary

Good morning, everyone. It is my great pleasure to welcome Royal Gold CEO, Bill Heissenbuttel, and the entire team as we get set to ring today's opening bell. We're excited to help you celebrate a major milestone, the company's 40th year listing anniversary on NASDAQ. This makes Royal Gold the oldest publicly traded royalty company still in business. Congratulations. While the company's origins were in oil and gas exploration and production, today, Royal Gold is focused on acquiring and managing precious metal streams, royalties and similar production-based interest. Headquartered in Denver, Colorado, with offices in Canada and Switzerland, the company's streaming revenues come from mines across the entire world. Since its listing on NASDAQ in 1981, the company's stock price has appreciated more than 4,500%, and Royal Gold is the only company in the GDX ETF that has paid an increasing dividend since the index was formed in 2006. I'd also like to commend Royal Gold for its ESG practices, in particular, dedication to ethical and sustainable resource development. Bill, I know this is a team effort, and you have quite a remarkable group, as evidenced by your commitment to the community surrounding your stream and royalty tenures. Congratulations on Royal Gold's 40th listing anniversary. We look forward to celebrating many more milestones with you and the team. And we are honored to share today's opening bell with you. Now I'd like to welcome Royal Gold CEO, Bill Heissenbuttel, for further remarks.

Good morning. My name is Bill Heissenbuttel, and I'm the President and CEO of Royal Gold. On behalf of everyone at Royal Gold, I'd like to thank NASDAQ for the opportunity to open trading today. Royal Gold IPO-ed as a small natural resource company on the NASDAQ 40 years ago on June 5, 1981. And from that humble start, we've grown to become the second-largest publicly traded precious metals company in the United States. From our home base in Denver, we've expanded across the globe. And today, we are a leading precious metals royalty and streaming company with a portfolio of almost 200 properties across 5 continents. We are proud to be entering our 41st year of trading on the NASDAQ. I'm pleased to be joined virtually by my colleagues, and it is Royal Gold's pleasure to ring the opening bell today. Have a good day.